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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
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T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • Nestle Is Near Deal For Pfizer Infant Unit-WSJ 0 comments
    Apr 18, 2012 10:20 AM | about stocks: PFE, ABT, NVS

    I absolutely love this deal for both companies as Pfizer (NYSE:PFE) is monetizing some of their faster growing assets which haven't been reflected in the stock's valuation, and Nestle (NESN) is acquiring a company that fits into their core business model. I'd need to know more details about the division to provide more commentary on valuation but Nestle has been a solid steward of capital and their track record speaks for itself. Pfizer is really turning into a well run company and they are making all of the right decisions. It will be interesting if Novartis (NYSE:NVS) at some point looks at the success Abbott (NYSE:ABT) and Pfizer are having in spinning off and selling non-core assets, and decides that it too could benefit from doing so. I think Novartis is very attractive at these levels and Pfizer isn't bad either.

    http://online.wsj.com/article/SB10001424052702304299304577350151957732924.html?mod=WSJ_business_whatsNews

    Disclosure: I am long ABT.

    Stocks: PFE, ABT, NVS
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